In the first couple of decades of the 20th century, most people

All of the following are examples of mixed economies EXCEPT

EastWind [94]

Answer:

in socialist France, the French government owns the postal service industry.

Explanation:

A mixed economy combines elements of a pure socialists (command) economy and a capitalist (free market )economy. A socialist economy is where the government controls all economic activities and decisions in a country. The private sector is absent in a socialist economy. A capitalist or free-market economy is one where the government does not interfere with a country's economic activities. The private sector does production and distribution in the economy.

A mixed economy will have traits of socialists and a capitalist economy. Both the government and private sector participates in economic activities.

7 0

3 years ago

All else equal, an increase in savings will cause capital stock to:

ElenaW [278]

If all else equal, an increase in savings will cause capital stock to increase. Capital stocks signifies the position of the economy's productivity. If there is more savings, there is the possibility of increase in accumulating capital because business owners can buy new equipment or add new workers. But sometimes, it does not necessarily mean that if there is higher savings, there is also higher investments and may not lead the people to invest more.

7 0

3 years ago

Gus takes his $15 in lemonade stand earnings and deposits it into his savings account. Meanwhile, Gus’s dad borrows $20,000 to b

tresset_1 [31]

Answer:

liability, asset 

Explanation:

Liability refers to a future obligation in monetary form which must be discharged by a business. Liabilities are classified on the basis of due period into current and long term. For instance payment due to a supplier, loan for repayment.

Assets on the other hand refer to something which yields future economic benefits. Assets could be in tangible fixed form, movable form or intangibles such as Goodwill.

In the given case, from the purpose of bank, acceptance of deposits constitutes a liability since the bank has to pay such deposits whenever required by the customer.

Similarly, lendings by a bank represent an asset since the bank would receive such sum coupled with interest at a future date.

8 0

3 years ago

What is a box braid

Drupady [299]

Box braids are individual plaits that are usually divided by small squared off parts or boxes. Box braids may be of any width or length, but most women add synthetic or natural hair to thebraid for length as well as thickness and fullness.

8 0

3 years ago

] A firm is producing 1,000 units at a total cost of $5,000. If it were to increase production to 1,001 units, its total cost wo

valina [46]

Answer:

The question is not complete, below is an example of the completely stated question:

A firm is producing 1,000 units at a total cost of $5,000. If it were to increase production to 1,001 units, its total cost would rise to $5,008. What does this information tell you about the firm?

a. Marginal cost is $5, and average variable cost is $8.

b. Marginal cost is $8, and average variable cost is $5.

c. Marginal cost is $5, and average total cost is $8.

d. Marginal cost is $8, and average total cost is $5.

Answer:

d. Marginal cost is $8, and average total cost is $5.

Explanation:

Marginal cost of production is the change in cost, arising from the production of an additional unit of output. it is the cost of manufacturing one more unit of product. Mathematically, marginal cost is represented as:

$Marginal\ cost = \frac{change\ in\ cost}{change\ in\ quantity\ produced} \\$

change in cost (ΔC) = C₂ - C₁ = 5,008 - 5,000 = 8

change in quantity produced = Q₂ - Q₁ = 1,001 - 1,000 = 1

$Marginal\ cost = \frac{8}{1} = \$8$

∴Marginal Cost = $8

Average Total Cost (ATC) or average cost or unit cost is the total cost divided by the number of units produced. It is represented as

$ATC =\frac{TC}{Q} \\where\\ATC = Average\ total\ cost\\\TC = Total\ cost\ = \$5,000\\Q = units\ of\ goods\ produced = 1,000\\$

∴ ATC = 5,000 ÷ 1,000 = $5

4 0

3 years ago